Would you be optimistic if someone who had burned down their house playing with matches offered to light your furnace for you?
General Motors Corp. Chairman and CEO Rick Wagoner emerged Thursday from a six-hour hearing before the Senate Banking Committee optimistic that a deal can be reached in Congress to help his company survive a critical cash shortage.
Ever heard the phrase "brilliant minds think alike"? Well, so do dumb minds:
Wagoner said many of the questions and suggestions from committee members were compatible with the viability plan GM submitted to Congress on Tuesday in an effort to obtain up to $18 billion in federal loans.
GM and congress agree on a plan? It's doomed.
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